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Technology Stocks : CGRM Centigram
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To: betty moyers who wrote (70)3/21/1997 10:48:00 AM
From: David R   of 333
 
>They have $6 in cash.

I am assuming you meant $60M. The number is actually closer to $40M. They have $20M+ in assets, and more in receivables ($10-15M I think). All in all, CGRM at 9-10 is an incredibly safe investment. The quarter ends 4-30. Let's hope they can meet expectations of 16-18 cents/share. All it wil take is one or two strong quarters to move this stock to high teens, low 20's. I know that they are very serious about reducing expenses. The revenues are already there. It is hard to imagine a losing scenario with CGRM.
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